Global AI investment is rapidly increasing, but a recent survey by KPMG reveals that enterprise AI spending is not translating into measurable business value. The survey indicates a significant gap, with companies planning to allocate an average of $186 million on AI in the coming year. However, only 11% of organizations have successfully implemented AI […]
To gain insights into financial data, a significant majority of family offices are now turning to artificial intelligence (AI), as revealed in new research conducted by Ocorian. The study shows that 86% of these private wealth entities are leveraging AI to enhance their daily operations and data analysis. With a combined wealth of approximately $119.37 […]
New data from Perplexity highlights the significant role AI agents are playing in enhancing enterprise efficiency by managing complex tasks. Recent insights reveal that the technology industry anticipates a shift where generative AI evolves from simple conversational abilities to performing actionable tasks. For the first time, a large-scale field study, utilizing hundreds of millions of […]
A recent study by MIT highlights the cognitive effects of using large language models (LLMs) like ChatGPT on human brain activity. The research indicated that participants using these AI tools exhibited decreased mental engagement, which persisted long after the initial use of the technology. The study involved a small cohort of subjects tasked with writing […]
The retail sector has rapidly adopted generative AI technologies, with a striking increase from 73% to 95% of organizations utilizing these applications in just one year, according to cybersecurity firm Netskope. However, this boom in AI usage comes at a significant cost—heightened security risks. The report mentions that while retailers embrace generative AI, they simultaneously […]
A recent study from the Tony Blair Institute for Global Change and Ipsos highlights a significant public trust deficit in AI technologies, despite government enthusiasm for their potential benefits. This trust issue is identified as a major barrier to the public’s willingness to embrace generative AI. Key Findings of the Report The research uncovers a […]
A recent government report highlights the remarkable growth of the UK AI sector, which has outpaced the wider economy by an astounding 150 times since 2022. This surge has been propelled by a substantial increase in investment, leading to record revenues of £23.9 billion for the sector last year. The UK now hosts over 5,800 […]
The landscape of marketing is undergoing a significant transformation, largely driven by the integration of artificial intelligence (AI). Currently, 92% of marketing professionals are utilizing AI in their daily operations. A recent study conducted by SAP Emarsys, which surveyed over 10,000 consumers and 1,250 marketers, indicates that while businesses benefit from AI, consumer trust is […]
A growing body of evidence suggests that our increasing reliance on AI may undermine essential human skills necessary for its effective use. Research warns that this developing deficit could hinder successful AI adoption and economic growth. Every day brings new claims about AI’s transformative potential. Business leaders increasingly invest in AI technologies, fearing they might […]
A recent study from the London School of Economics and Systemiq reveals that artificial intelligence (AI) can significantly reduce global carbon emissions while maintaining modern comforts. The research indicates that intelligent AI applications in just three industries could lead to a decrease of 3.2 to 5.4 billion tonnes of greenhouse gases each year by 2035. […]